Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (New York Mortgage Trust 2005-3), Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP), Transfer and Servicing Agreement (SunTrust Mortgage Securitization, LLC)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note Security shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (FBR Securitization, Inc.), Transfer and Servicing Agreement (FBR Securitization, Inc.)
